Date of Publication

12-7-2018

Document Type

Master's Thesis

Degree Name

Master of Science in Economics

Subject Categories

Economics

College

School of Economics

Department/Unit

Economics

Thesis Adviser

Lawrence B. Dacuycuy

Abstract/Summary

This study uses historical fluctuations of temperature and other weather - related variables to measure the impact of weather on the gross value added of the agricultural sector. It covers the period of 16 years, from 2000 to 2015. Using both simple and sophisticated estimation frameworks for panel data, the study finds that the labor productivity, gross fixed capital formation on durable equipment in the agricultural sector, and average rainfall are statistically significant predictors of gross value added. Using a panel generalized methods of moments (GMM) estimator, the study also finds empirical support for average rainfall as an important determinant of gross value added in agriculture.

Abstract Format

html

Language

English

Format

Electronic

Accession Number

CDTG007434

Keywords

Agricultural industries—Philippines; Weather—Economic aspects—Philippines

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Embargo Period

10-3-2022

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